Word: fewness
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Based on those prices, a sold-out show would generate about $135,000 per performance. A sold-out week at full prices could generate as much as $1.1 million. At that rate, the show could be profitable in as little as two months, once you factor in the three weeks...
You know Adam Smith for his "invisible hand," the mysterious force that steers the selfish economic decisions of individuals toward a result that leaves us all better off. It's been a hugely influential idea, one that during the last few decades of the 20th century began to take on...
Congress is now approaching a crucial opportunity for financial reform. Such a reform must be tough and intelligent, as a weak reform would create a dangerously false illusion of security and stability. The House passed a major regulatory bill in December, and now Chris Dodd has brought his own Senate...
In addition, the dangerous market for derivatives, financial instruments that are used to hedge against changes in asset prices, must be strictly regulated. Complex derivatives were often traded without effective monitoring, allowing companies to quietly amass incredible risks on their balance sheets. The House bill proposes that derivatives be regulated...
Returning from exotic spring break locales means getting through a hard week of adjusting to the life and times of the daily Harvard routine. A lively weekend is in order if you've made it to 5 p.m. Friday and we've found at least one party, as well as...